vision2mobile

Global Crossing

No Surprises Here

Clearly, M&A activity in telecom cannot be boiled down to a single issue or technology, but it is interesting to see the amount of new money poised to support the purchases. ...More
October 5, 2011 By David Byrd
Posted in Blog
Level 3 Completes Global Crossing Acquisition

Level 3 anticipates that a 1-for-15 reverse stock split will be effective after the close of trading on Oct. 19, 2011, and the company expects to begin trading on the NYSE the next day. ...More
October 4, 2011 By Josh Long
Posted in News
Regulators Approve Global Crossing-Level 3 Merger

Broomfield, Colo.-based Level expects to close on its acquisition of Global Crossing in just days. ...More
September 29, 2011 By Josh Long
Posted in News
Sprint, AT&T, Verizon Shares Slide on Awful Day for Wall Street

Sprint’s shares fared the worst among the Big 3: down 59 cents, or nearly 16 percent, from Friday. ...More
August 8, 2011 By Josh Long
Posted in News
Level 3, Global Crossing Shareholders Approve Merger

The companies still expect the deal to close before the end of the year. ...More
August 4, 2011
Posted in News
Level 3, Global Crossing Reject XO’s Claims in FCC Merger Review

Level 3 and Global Crossing imply that a dramatic drop in transit prices reflects that the Internet backbone market is very competitive. ...More
July 25, 2011 By Josh Long
Posted in News
XO: Level 3, Global Crossing Merger to Create 'Global Colossus'

XO asserts that Level 3, post-merger, will become a gargantuan Internet backbone provider with an incentive to end peering arrangements with the carrier and other network providers for the settlement-free exchange of Web traffic. ...More
July 12, 2011 By Josh Long
Posted in News
Level 3, Global Crossing: Merger Presents No Competition Concerns

U.S. regulators don’t need to impose specific conditions in order to approve the merger or conduct an extended review of the transaction, Global Crossing and Level 3 wrote in their FCC application. ...More
June 14, 2011 By Josh Long
Posted in News
Global Crossing Expands Security Features for Enterprise Networks

The new security features include a firewall, intrusion prevention service, Web-content filtering and antivirus and anti-spam capabilities. ...More
May 19, 2011
Posted in News
Global Crossing, Level 3 Narrow Losses

Consolidated revenues at both companies climbed 2 percent year over year. ...More
May 3, 2011
Posted in News

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